UPGRAD: EMPOWERING GLOBAL LEARNERS TO ACHIEVE THEIR CAREER GOALS



The SARFAESI Act, 2002: Transforming Debt Recovery in India

The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002, was introduced to address inefficiencies in the debt recovery process for financial institutions in India. The Act aims to regulate the securitization and reconstruction of financial assets, enforce security interests, and establish

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The SARFAESI Act, 2002: Transforming Debt Recovery in India

The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act), was enacted to address the challenges faced by financial institutions in recovering secured debts. By empowering banks and financial institutions to take possession of secured assets without initial court intervention, the Act ha

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